all report title image
  • Published On : May 2020
  • Code : CMI3859
  • Industry : Advanced Materials
  • Pages : 120
  • Formats :

Energy saving window films not only helps in conserving energy and maintaining the temperature indoors, but also protects the inside environment from harmful ultra-violet radiation of the sun. The global energy saving window film market is projected to surpass US$ 1,931.4 million by the end of 2027 in terms of revenue, exhibiting a CAGR of 9.5% during the forecast period (2020 to 2027).

Drivers

Growing end-use industries such as construction, among others is expected to drive growth of the global energy saving window film market during the forecast period. For instance, according to the Global Construction Perspectives and Oxford Economics, the global construction industry is expected to reach US$ 17.5 trillion by 2030, which is US$ 8 trillion rise from 2015.

Among region, North America held dominant position in the global energy saving window film market in 2019, reporting 45% market share in terms of revenue, followed by Asia Pacific and Europe.

Figure 1. Global Energy Saving Window Film Market Revenue Share (%), By Region, 2019

Energy Saving Window Film  | Coherent Market Insights

Market Restraints

The energy saving window film with a dark tint may significantly affect the visibility of people inside the house or the car, while a film with a shiny outer coat can give windows a dark or shiny external appearance and thereby, make the glass appear colored due to reflection of some bands of visible light. These factors are expected to restrain growth of the energy saving window film market over the forecast period.

Market Opportunities

Key players are focusing on launching new products in the energy saving window film market to create growth opportunities at a global level. For instance, in May 2015, 3M launched its Ultra Clear Energy Saving Window Film Kits to its Home Energy Savings solutions product line. This window film is do-it-yourself (DIY), which will help in blocking UVA and UVB rays along with 35% of sun heat.

Figure 2. Global Energy Saving Window Film Market – Opportunity Analysis

Energy Saving Window Film  | Coherent Market Insights

Market Trends

Rising awareness regarding environment is expected to be a trend, as it focuses on reducing carbon emissions. CO2 emission from buildings is a major factor contributing to the overall energy loss. Window panels are a major component of the building fabric with considerable influence on the energy performance and are accountable for the building’s overall energy loss. Therefore, the demand for energy saving window films is expected to rise during the forecast period.

Figure 3. Global Energy Saving Window Film Market Revenue Share (%), By Application, 2019

Energy Saving Window Film  | Coherent Market Insights

On the basis of application, the energy saving window film market is segmented into construction, automotive, marine, and others. In 2019, the construction segment accounted for 52% of the revenue share.

Global Energy Saving Window Film Market - Impact of Coronavirus (Covid-19) Pandemic

The global energy saving window film market is expected to witness a declining growth in 2020, owing to the severe impact of Covid-19 pandemic. Application segments such as construction are expected to grow during the forecast period. However, automotive and marine, among others are expected to witness a declining demand. Furthermore, the demand for energy saving window film is expected to decline due to decline in sales in emerging economies such as India, among others, owing to low disposable income in these countries as compared to regions such as North America and Europe in the near future.

Competitive Section

Key players operating in the global energy saving window film market include 3M, Saint-Gobain, Solar Window Technologies, Inc., American Window Film, Inc., Madico, Inc., PR Solar Window Film Ltd., Dingxin Films Technology Co. Ltd., Nexfil USA, and Eastman Performance Films, LLC.

The global energy saving window film market is expected to exhibit a CAGR of 9.5% during the forecast period, owing to rising application of these films in construction and automotive industries, among others.

Among application, the construction segment held dominant position in the global energy saving window film market in 2019. With the increasing awareness regarding sustainable living and increased disposable income, people have started switching to constructing green buildings over conventional office/residential spaces. This trend is expected to boost demand for energy saving window films during the forecast period.

Among regions, Asia Pacific is expected to account for a significant market share during the forecast period (2020-2027), owing to increasing population in this region. Apart from population, factors such as increasing disposable income, increasing construction activities, and growing automotive industry are also expected to increase demand for energy saving window films in this region during the forecast period. For instance, as per the World Bank data, in 2015, China recorded a population of 1.37 billion, which increased and reached 1.39 billion by 2018. Furthermore, as per the National Bureau of Statistics of China, in 2019, China's per capita disposable income was recorded at US$ 4,462 and the per capita disposable income in rural areas was higher than that in urban areas. Moreover, as per the World Resources Institute, China is expected to spend around US$ 13 trillion on buildings by 2030. Such increasing construction activities in Asia Pacific is expected to boost demand for energy saving window films in this region during the forecast period.

Key features of the study:

  • This report provides in-depth analysis of energy saving window film market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global energy saving window film market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include 3M, Saint-Gobain, Solar Window Technologies, Inc., American Window Film, Inc., Madico, Inc., PR Solar Window Film Ltd., Dingxin Films Technology Co. Ltd., Nexfil USA, and Eastman Performance Films, LLC.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology upgradation, market expansion, and marketing tactics
  • The global energy saving window film market report caters to various stakeholders in this industry including investors, suppliers, energy saving window film manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global energy saving window film market

Detailed Segmentation:

  • Global Energy Saving Window Film Market, By Component Type:
    • Dyed
    • Pigmented
    • Metallized
    • Ceramic
    • Others (Nano, etc.)
  • Global Energy Saving Window Film Market, By Application:
    • Construction
    • Automotive
    • Marine
    • Others
  • Global Energy Saving Window Film Market, By Region:
    • North America
      • U.S.
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
      • Canada
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
    • Europe
      • U.K.
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
      • Italy
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
      • France
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
      • Germany
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
      • Spain
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
      • Russia
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
      • Rest of Europe
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
    • Asia Pacific
      • China
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
      • India
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
      • Japan
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
      • ASEAN
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
      • Australia
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
      • South Korea
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
      • Rest of Asia Pacific
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
    • Latin America
      • Brazil
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
      • Argentina
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
      • Mexico
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
      • Rest of Latin America
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
    • Middle East & Africa
      • Middle East
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others
      • Africa
        • By Component Type:
          • Dyed
          • Pigmented
          • Metallized
          • Ceramic
          • Others (Nano, etc.)
        • By Application:
          • Construction
          • Automotive
          • Marine
          • Others         
  • Company Profiles
    • 3M*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Saint-Gobain
    • Solar Window Technologies, Inc.
    • American Window Film, Inc.
    • Madico, Inc.
    • PR Solar Window Film Ltd.
    • Dingxin Films Technology Co. Ltd.
    • Nexfil USA
    • Eastman Performance Films, LLC

 “*” marked represents similar segmentation in other categories in the respective section.

Frequently Asked Questions

The global energy saving window film market is projected to surpass US$ 1,931.4 million by 2027 witnessing, and is expected to exhibit a CAGR of 9.5% between 2020 and 2027.
Growing end-use industries such as construction industry, among others is a major factor that is expected to drive the market growth during the forecast period.
Rising awareness regarding environment is a major trend that is expected to positively impact growth of the global energy saving window film market during the forecast period.
Visibility issues for automotive users can hamper growth of the energy saving window film market during the forecast period.
Major players operating in the global energy saving window film market include 3M, Saint-Gobain, Solar Window Technologies, Inc., American Window Film, Inc., Madico, Inc., PR Solar Window Film Ltd., Dingxin Films Technology Co. Ltd., Nexfil USA, and Eastman Performance Films, LLC.
The global energy saving window film market is estimated to reach a value over US$ 934.5 million in terms of revenue in 2019.

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